How to keep section 105 plan going

 

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You may not be working in retirement, but if you know how to play your cards right, your Section 105 medical-reimbursement plan can keep working for you even after you call it quits. What's the catch? There isn't any but you have to do some planning. Which is where my new article comes in. It will show you how to make sure your Section 105 plan continues providing tax benefits when your employee-spouse quits/retires or, if you operate as a C corporation, you retire. Want to find out more? Read my new, free article titled Make Your Section 105 Plan Work in Retirement. Three ways our fact-filled article can help you: 1.     You'll learn tactics you can use if you're self-employed. Because you're self-employed you are not an employee. And because you're not an employee, you can't have a Section 105 medical plan that covers you directly. Luckily there are two ways to get around this rule . . . and we know what they are! All will be explained when you Read the FREE article. 2.     You'll learn what to do if you quit or retire from your C corporation. This can be tricky. If your corporation ceases to exist, you forfeit the unused Section 105 plan reimbursement. But don't throw in the towel! If you handle succession planning the right way you can realize unused Section 105 carry-overs and unused sick and vacation pay (as Section 105 medical reimbursements) during retirement. You'll get all the facts when you Read the FREE article. 3.     We'll tell you what to do if your spouse retires, quits, or gets fired. Good news! Section 105 plans can permit deductions for the medical costs of retired and terminated employees. This includes your employee-spouse and her/his family (including you!) under the "continuation rules." We'll explain everything when you Read the FREE article. To get started CLICK HERE. You'll get a no-obligation 7-day FREE trial during which you can read, not only the article I mentioned above, but all of our helpful tax-saving tips from the last two months. This trial is absolutely free and there are no strings attached. That's a personal promise.   Three reasons to read my new article now . . .   Reason #1: You'll learn how to audit-proof your tax records. If you want to stay out of Uncle Sam's gun sights, my free article is for you!   Reason #2: You'll get all the facts, not the bits of information I've included above. Don't miss the complete article!   Reason #3: We back up our advice with proof! All of our articles are annotated and referenced to the Tax Code, IRS regulations, Court cases, and other appropriate material! But that’s not all. For most every footnote, we go to the source and turn that source-reference into a linked PDF for your immediate use while reading the article!   Sincerely,   W. Murray Bradford, CPA Publisher Tax Reduction Letter (415) 336-4340   www.bradfordtaxinstitute.com     About the Publisher . . .   W. Murray Bradford, CPA has been helping people slash their tax bills since 1979. His unique ability to research the complex tax law and explain it in plain English has made him the leading tax reduction expert for one-owner and husband-and-wife-owned businesses.   Murray's fully-documented tax strategies have saved one-owner and husband-and-wife-owned businesses hundreds of millions of dollars. In addition to appearances on hundreds of local and national radio and TV shows, Mr. Bradford has been quoted in the Wall Street Journal, Money, Fortune, USA Today, and Journal of the American Society of CLU.   Prior to publishing his money-saving tax-reduction strategies, Murray worked eight years for Price Waterhouse. He holds active CPA licenses in Washington, D.C., Minnesota, and California and is a member of the California Society of CPAs, Greater Washington DC Society of CPAs, Minnesota Society of CPAs, and the American Institute of CPAs.